£759,829
This estimated value is based upon the latest sale price for the house of £552,500 on 15 Feb 2016. This value is then adjusted by the current Official House Price Index for ISLE OF WIGHT 1
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| Price Paid | Date |
|---|---|
| £552,500 | 15 Feb 2016 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 sq feet |
This model uses changes in the Official Land Registry House Price Index for ISLE OF WIGHT to estimate the market value.
When this house was purchased in February 2016 the House Price Index for ISLE OF WIGHT was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £552,500 results in an estimated price of approximately £759,829.
| 15 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £552,500 | £207,329 | £759,829 |
The Postcode Pricing Model uses changes in average sales price within the PO38 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -9.404 % | £-51,955 | £500,544 |
| 3 Month Average | 69.695 % | £385,063 | £937,563 |
| 6 Month Average | 52.611 % | £290,675 | £843,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £497,632 | £485,000 | 34 MITCHELL AVENUE |
| 23 Nov 2023 | £507,892 | £495,000 | 18 MITCHELL AVENUE |
| 8 Sep 2023 | £301,650 | £295,000 | 2 SUSSEX VILLAS |
| 4 Sep 2023 | £511,271 | £500,000 | ST JOHNS TULSE HILL |
| 31 Aug 2023 | £320,786 | £315,000 | 1 MANOR VIEW MARLBOROUGH ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 8 Apr 2015. Using an estimated price of £759,830 means this house is valued at £5,628 per sq meter (£522 per sq foot).
The average size of a house on SOUTHGROVE ROAD is 118 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marlborough Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlborough Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlborough Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Marlborough Road |
| Jul 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near B3327 |